Several other analysts also recently issued reports on FMNB. Piper Sandler downgraded shares of Farmers National Banc from an overweight rating to a neutral rating and lowered their price objective for the company from $15.50 to $14.50 in a research report on Wednesday, October 5th. Raymond James lowered shares of Farmers National Banc from an outperform rating to a market perform rating in a report on Thursday, October 6th.
Farmers National Banc Price Performance
Shares of NASDAQ FMNB opened at $14.88 on Tuesday. The company has a market capitalization of $506.81 million, a price-to-earnings ratio of 9.42 and a beta of 0.81. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.66 and a quick ratio of 0.66. Farmers National Banc has a 1-year low of $12.41 and a 1-year high of $20.00. The business has a 50-day moving average of $13.80 and a 200-day moving average of $14.46.
Farmers National Banc Increases Dividend
Hedge Funds Weigh In On Farmers National Banc
Institutional investors have recently made changes to their positions in the business. Great West Life Assurance Co. Can grew its position in shares of Farmers National Banc by 177.1% during the first quarter. Great West Life Assurance Co. Can now owns 1,599 shares of the bank’s stock worth $28,000 after buying an additional 1,022 shares in the last quarter. CoreCap Advisors LLC bought a new position in Farmers National Banc during the 2nd quarter valued at $26,000. Quadrant Capital Group LLC grew its holdings in Farmers National Banc by 2,536.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 2,663 shares of the bank’s stock worth $35,000 after acquiring an additional 2,562 shares in the last quarter. Asset Dedication LLC acquired a new position in Farmers National Banc during the 3rd quarter worth $48,000. Finally, Clearstead Advisors LLC bought a new stake in shares of Farmers National Banc in the 1st quarter worth about $63,000. 40.28% of the stock is owned by institutional investors and hedge funds.
Farmers National Banc Company Profile
Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services.
- Get a free copy of the StockNews.com research report on Farmers National Banc (FMNB)
- Is the 60/40 Portfolio Mix Still in Vogue?
- Three CBD Stocks to Dominate a Budding Industry
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Microsoft Shares: Is it Time to Back Up the Truck?
- Institutional Support for Analog Devices Remains High
Receive News & Ratings for Farmers National Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers National Banc and related companies with MarketBeat.com's FREE daily email newsletter.